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COMPANY STATEMENT OF CASHFLOWS
FOR THE YEAR ENDED 31 DECEMBER| 2010 Rm |
2009 Rm |
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| Notes | |||
| Cash generated by operations | 7 | 1 912 | 2 732 |
| BEE transaction share-based payments expense | 2 | ||
| Cash paid to clients, employees and suppliers | (18) | (18) | |
| Dividends received on investments | 1 930 | 2 748 | |
| Change in funds for operating activities | (1 877) | (1 991) | |
| Increase in operating assets | (1 890) | (1 685) | |
| Increase/(Decrease) in operating liabilities | 13 | (306) | |
| Net cash generated from operating activities before taxation | 35 | 741 | |
| Taxation paid | 8 | 29 | 57 |
| Cashflows from operating activities | 6 | 684 | |
| Cashflows utilised by investing activities | (43) | (1 132) | |
| Acquisition of investments in subsidiary companies | (43) | (1 132) | |
| Cashflows utilised by financing activities | 37 | 448 | |
| Proceeds from issue of ordinary shares | 2 281 | 2 956 | |
| Dividends paid to ordinary shareholders | (2 244) | (2 508) | |
| Net increase/(decrease) in cash and cash equivalents for the year | – | – | |